5408, Princess Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, Princess Tower
What is 5408 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,302 sqft
- Floor
- 54th of 96
- Parking
- P3-02
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.39M · December 2012
- Building
- Princess Tower
About 5408, Princess Tower
5408 is a two-bedroom apartment of 1,302 sqft on the 54th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 25 December 2012 for AED 1,387,866, or AED 1,066 per sqft, 12% below the AED 1,212 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 180,000 a year: a gross yield of 13.0% on the 2012 price, before the service charge of about AED 21,600 a year.
Sales and rents for 5408 over time
5408 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Princess Tower, and where 5408 sits
All 298 2-beds →5408 last sold in December 2012 at AED 1,066 per sqft, 12% below what two-beds in Princess Tower were fetching at the time (AED 1,212). Over the last 12 months two-beds sold for AED 1,250,000 to 2,600,000, around AED 1,775 per sqft, and rent for AED 50,000 to 252,000 a year. 5408's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,189 sqft | 40,505 | 34 | ||
| 10 Aug 202610 August 2026 | 1,314 sqft | 131,419 | 100 | ||
| 3 Aug 20263 August 2026 | 1,183 sqft | 1,800,000 | 1,522 | ||
| 6 May 20266 May 2026 | 1,733 sqft | 2,575,000 | 1,486 |
Princess Tower
Building763 apartments, 1-bed to 5-bed over 96 floors in Dubai Marina, completed in 2012 by Tameer Holding Investment. 41 sold in the last 12 months.
- Typical price per sqft
- AED 1,620 Up 1.3%
- Typical sale
- AED 2.03M
- Typical rent
- AED 104K /yr
- Typical yield
- 5.6%
Other units on the 54th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 2-bed | 1,302 sqft | AED 2.15MAED 2,150,000 · Apr 2025April 2025 | 109,107 /yr | |
| 5402 | 1-bed | 923 sqft | AED 1.35MAED 1,350,000 · Oct 2017October 2017 | 70,000 /yr | |
| 5403 | 3-bed | 1,999 sqft | AED 1.37MAED 1,371,144 · Jun 2013June 2013 | 190,000 /yr | |
| 5404 | 2-bed | 1,180 sqft | AED 1.88MAED 1,884,797 · Sep 2013September 2013 | 190,000 /yr | |
| 5405 | 2-bed | 1,180 sqft | AED 1.88MAED 1,884,797 · Dec 2012December 2012 | 140,000 /yr | |
| 5406 | 3-bed | 1,999 sqft | AED 2.66MAED 2,660,000 · Aug 2023August 2023 | ||
| 5407 | 1-bed | 923 sqft | AED 585KAED 585,000 · Dec 2016December 2016 | 70,000 /yr | |
| 5409 | 1-bed | 862 sqft | AED 980KAED 980,000 · Feb 2023February 2023 | 95,000 /yr | |
| 5410 | 1-bed | 862 sqft | AED 982KAED 981,946 · Oct 2012October 2012 | 80,000 /yr |
5408, Princess Tower in numbers
- Sold twice: first on 9 January 2010 for AED 1,387,866, last on 25 December 2012 for AED 1,387,866 (AED 1,066 per sqft).
- Rented since August 2014 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 76,000 in 2021 and recovered to AED 180,000 by February 2026.
- At AED 180,000 a year the gross yield on the 2012 price is 13.0%, before a service charge of about AED 21,600 a year (AED 16.62 per sqft).
- Two-beds in Princess Tower sold for AED 1,250,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,620 per sqft.
Source: Dubai Land Department. Updated 10 February 2026.
Questions about 5408, Princess Tower
What did unit 5408 last sell for?
AED 1,387,866 on 25 December 2012: AED 1,066 per sqft for 1,302 sqft. The unit has 2 registered sales; the first was AED 1,387,866 in January 2010.
What is the rent for unit 5408?
AED 180,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 127,000; the unit has been rented since August 2014.
How big is unit 5408?
1,302 sqft (121.0 sqm): a two-bedroom apartment on the 54th floor of a 96-storey tower completed in 2012.
What is unit 5408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Princess Tower sold for AED 1,250,000 to 2,600,000 in the last 12 months, around AED 1,775 per sqft.
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Mortgage on 5408, Princess Tower
Starts from the last sale price (AED 1.39M, 25 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,387,866
- Deposit, UAE resident (20%)
- AED 277,573
- Deposit, non-resident (40%)
- AED 555,146
- Monthly over 25 years at 3.7%
- AED 5,678
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →